Hybrid Senior Compensation Analyst

at Pacific Life

• Job title: Senior Compensation Analyst
• Job type: Full Time
• Experience level: Senior
• Salary: $98,010 - $119,790 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Newport Beach, United States

About the role

• Senior Compensation Analyst at Pacific Life managing compensation administration and market analysis. Collaborating with HR partners to ensure pay-for-performance culture and compliance in the organization.

Responsibilities

• Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most.
• Annual Merit & Bonus Plan Administration.
• Lead the design of Workday system enhancements and partner with HRIS team to communicate configuration needs, conduct testing, and troubleshoot issues.
• Create and manage project plan to ensure successful process.
• Partner to develop communications and training for internal HR partners, people leaders and employees.
• Support Compensation team with data analysis to foster our pay for performance culture.
• Manage salary survey process, including participating and tracking submission deadlines and associated costs, processing payments, analyzing survey results to identify gaps and opportunities.
• Manage market pricing system to include survey data maintenance, survey participation, aging & job level mapping methodology, and data integrity/maintenance.
• Evaluate market data/trends and conduct analyses to determine the competitiveness of Pacific Life’s compensation programs.
• Ensure compliance with federal, state, and local laws and regulations regarding compensation.
• Support the implementation phase of market studies (creating communication materials and processing employee changes).
• Perform routine reviews of employee and job compensation data to maintain data integrity, implement changes and communicate to stakeholders.
• Generate ad hoc compensation reports and analyses.
• Identify and recommend enhancements to compensation tools and systems to improve efficiency and data accuracy.
• Document compensation procedures.

Requirements

• BS/BA in Business. Specialization in Human Resource Management, Finance, or related experience is preferred.
• Five (5) years of cumulative experience specializing in Compensation.
• Ability to collaborate with multiple stakeholders within the organization.
• Strong knowledge of HR practices and labor legislation.
• Deep understanding of how system components interact within HR applications and the ability to foresee the downstream effects of changes.
• Exceptional customer service and verbal/written communication.
• Comfort making compensation adjustment recommendations based on market data analysis.
• Ability to work with large datasets to extract meaningful insights.
• Ability to self-direct and exercise sound independent judgement within established guidelines.
• Ability to maintain confidentiality and handle compensation-related issues with discretion.
• Ability to clearly and concisely document compensation processes and procedures.

Benefits

• Your Benefits Start Day 1
• Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
• Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
• Paid Parental Leave as well as an Adoption Assistance Program
• Competitive 401k savings plan with company match and an additional contribution regardless of participation